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USDA Announces MFP Payment Details

Area farmers should see some additional MFP payments soon.

 

The Department of Agriculture Thursday released payment information under the Market Facilitation Program. The payments are intended to help farmers in the wake of the trade dispute with China.

Agriculture Secretary Sonny Perdue spoke about the promise that President Donald Trump made to the American farmers…

 

 

USDA’s Chief Economist, Dr. Rob Johannson, then began the economic breakdown of how the agency developed county-by-county payment rates…

 

 

Some other factors that went into deciding payment rates included retaliatory tariffs as well as planting damages from a wet and cold spring.

 

The minimum payment rate that was announced is $15/per acre in some areas and the maximum in areas is $150/per acre.

 

USDA Undersecretary Bill Northey says farmers can sign up Monday, with payments starting next month...

 

 

For more information about the MFP payments, head to farmers.gov/mfp.

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